As the world slides deeper into imperial rot — from Trump’s transformation of the U.S. into a Department of War state, to Europe’s political collapse, to global leaders shamelessly bowing to Washington — a socialist shockwave has erupted in New York City: Zohran Mamdani has just won the mayoral race while proudly defending Palestine.
What does this contradiction reveal about the global moment we’re living in?
Yanis Varoufakis — economist, political leader, former Greek finance minister, and author of “Technofeudalism” — joins Rania Khalek to unpack the rise of fascistic politics, the failures of global capitalism, the myth of Western “democracy,” and the lessons of Zohran’s victory.